New York S09541 requires rounding tax amounts on the final assessment roll to the nearest five-cent denomination before inclusion on any bill or.

New York S09541 amends the real property tax law to mandate that all tax amounts extended on the final assessment roll be rounded to the nearest five-cent denomination before being delivered to the collecting officer and included on any tax bill or notice. This rounding applies uniformly to all tax amounts and any interest or penalties accruing thereon. The rounding is to be done prior to the issuance of tax bills, and no further adjustments are to be made by the collecting officer at the time of collection. This act takes effect on January 1 of the year following its enactment.

New York S09541 requires rounding tax amounts on the final assessment roll to the nearest five-cent denomination before inclusion on any bill or.

New York S09541 amends the real property tax law to mandate that all tax amounts extended on the final assessment roll be rounded to the nearest five-cent denomination before being delivered to the collecting officer and included on any tax bill or notice. This rounding applies uniformly to all tax amounts and any interest or penalties accruing thereon. The rounding is to be done prior to the issuance of tax bills, and no further adjustments are to be made by the collecting officer at the time of collection. This act takes effect on January 1 of the year following its enactment.